Former FKF boss’s Karen plot to be auctioned over ‘defaulted loan’
Property belonging to former Football Kenya Federation chairman Sam Nyamweya in Karen, Nairobi, is set to go under the hammer.
An advertisement in a section of the media says the former football chief’s one-cre plot at Karen, estimated to be worth Sh100 million, will be sold by Keysian Auctioneers.
“Sale on Wednesday 20th July…. all that property known as LR NO. 10261/3 (I.R NO. 65239) Karen Estate, Nairobi County in the name of Samson Keengu Nyamweya…” the auction notice reads in part.
Last December, the same piece of land was advertised for auction by the company.
A Keysian Auctioneers official, who asked not to be named, said Mr Nyamweya had defaulted on a bank loan.
He said that last year, Mr Nyamweya claimed he had found a buyer and asked to sell the land himself, a request that was granted.
Contacted on Tuesday, Mr Nyamweya said he had paid the money he owed.
“The advert must be an error as I have already paid the money. How can the same advert appear twice?” he asked.
He went on to say that the matter was the subject to a court proceeding.
Last year, several media outlets reported that I&M Bank had renewed a bid to have Mr Nyamweya declared bankrupt over a Sh1.3 million debt